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The ability to move was another significant aspect. Participants were 11% more likely to change neighborhoods, often seeking better educational prospects, safety, or affordability. About 5% more recipients paid for housing instead of staying with family or friends, highlighting increased independence facilitated by financial support.
Implications for Society and Policy
Addressing the Cost of Living and Inflation
The study underscores a crucial reality: the ongoing inflation crisis, especially in housing and food. The rising costs exacerbate economic inequality, making UBI seemingly more necessary than ever. As automation advances, societal shifts will require new safety nets to prevent a breakout of inequality and homelessness.